Apr 19, 2013 4:30pm PDT
to focus on the longer term fundamentals, which we still think are pretty good. the economy is still growing. earnings are still growing. the fed still pretty supportive. certainly volatility has picked up a bit this week. and we expect that to continue here in the nr term. >> that's what was going to ask you. assuming that this manhunt is solved and the suspect is apprehended this weekend, turning to monday, how do you think things are going to play out? what is going to happen next in the market? is volatility still going to dominate trading? are the markets going to go up? are they going to go down? what is your prediction? >> i think you have both macro and microtrends next week. as you said in the lead there, about 20% of companies in the s&p reported earnings. but it really gets heavy next week. we have about 170 companies in the s&p 500 reporting, and about ten dow components. and earnings have been mixed. they have been okay. topline has been a little soft. as bob pisani said, only about 45% of companies are beat top line. it reflects the sluggish global economy that we have.
Apr 15, 2013 7:00pm PDT
the stock averages and they've been told the economy is doing great, so what's changed? you know, what's changed is that we got a little complacent. i think everybody looks at the market and says we weren't really fulling gauging what might happen if the economy slows down or doesn't speed up. i think today was just the wreck reckoning for a lot of those concerns. >> we've been in a period where people are expecting a correction from whatever highs we've been hitting here lately. do you think this is the beginning of that correction right now? >> i think we're certainly seeing a bit of a correction. i don't know how much more it has tooz, however, because fundamentally, we have very low interest rates and u.s. corporations are still posting record high levels of earnings against the backdrop of a weak global economy. if we get a big downdraft from whatever happens out of boston or some other factor, that's a real risk factor, but near term, very strong earnings, hard to argue with stocks with that backdrop. >> you just mexed the boston marathon incident. we doebt have the complete stor
Apr 16, 2013 4:30pm PDT
.s. economy and the epeng crisis in europe. they cut china's growth to 8% from 8.2%. >> a slow down in gdp in china got the blame. but ford does not see it that way, they are protecting that 40% of the sale s will come fro china. they have doubled their capacity, scrambling to keep up with demand to keep up with the market. we have a closer look at fd's rapid expansion there and the challenges it faces. >> he is part of the new wave in china. car buyers turning the western part of the country into one of the hottest auto markets in the world. >> translator: in his mind, he feels that the car, the brand is good. and the service is also excellent. so this is why he trusts this brand. >> here, the gateway to western china, growth in auto sales is particularly good news for ford. at this plant, a new focus roles off the assembly line every minute and within two years ford will be doubling capacity in the area. >> this year, the total volume of the ford, were 600,000. so it's a big, big key. >> growing sales in china have been one of the top goals since he took over ford in 2006. at the time, f